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21 May 2020 | 2 replies
You also may want to have up to 6 months of reserves for each property in case of an unexpected capital expenditure or economic downturn.
23 May 2020 | 11 replies
Another inquiry is, do you think this is the right time to take my real estate license or would it be a good idea for me to hold up until this crisis is over?
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22 May 2020 | 10 replies
Colleges and universities are about to face a period of economic turmoil, and unless you can get this property at a steep discount (trusting that student housing will come back) I would likely pass right now.
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21 May 2020 | 0 replies
SB 939 gives one party the upper hand by making the common act of serving a notice to terminate tenancy a VIOLATION OF THE STATE’S UNFAIR BUSINESS PRACTICES and creates a $2,000 penalty.SB 939 enables the confusing patchwork of local ordinances on the same topic making it even more complicated for any business that has buildings in multiple jurisdictions.SB 939 allows restaurants, bars and entertainment venues with a decline in revenue as compared to before shelter in place and facing an ongoing reduction of capacity to engage in good faith negotiations with their landlord to modify any rent or economic requirement regardless of the term remaining on the lease.Under SB 939, should the tenant and landlord not be able to reach a mutually satisfactory agreement, the tenant shall have the option to terminate the lease and not be liable for more than three months rent from the start of the SIP to cover the entire rest of the lease term.Under SB 939, any third party guarantees will expire with the lease termination.SB 939 will be in effect for at least 22 months from March 2020 until December 31, 2021, OR two months after the end of the state of emergency, WHICHEVER IS LATER.SB 939 does not apply to any publicly-traded company or a company that is owned by or is affiliated with a publicly-traded company (franchisee), creating even more unfair treatment of businesses.
23 May 2020 | 12 replies
However, you will certainly have a more stable tenant base, who has less trouble paying their rent during an economic downturn.
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23 June 2020 | 7 replies
Other factors like presence of hospitals and colleges and are strong economic factors that point towards a steady stream of renters for that area.
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29 June 2020 | 16 replies
Rankings are based on Demand Drivers, Economic Health, and Supply/Demand KPI's.
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23 May 2020 | 6 replies
.- I buy only in pristine school districts and this ensures lower downside during crisis times and significantly higher appreciation over the long term.
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24 May 2020 | 12 replies
I agree considering the economic landscape and not sure what was done to file for bankruptcy it will be tough for them to secure a loan.
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3 June 2020 | 60 replies
Our rising national debt and The Fed's massive injections of cash into our economy seem to be very strong economic indicators that are concerning when considering future taxes and inflation.